Gujarat Kidney IPO: ₹237-250 Cr Healthcare Bet Priced at ₹108-114!

IPO Timeline & Structure

Gujarat Kidney & Super Speciality, operating seven multispecialty hospitals and four pharmacies with 490 beds, launches its IPO amid rising healthcare demand. Anchor bidding starts December 19, public subscription runs December 22-24 (three days), allotment finalizes December 26, and shares list December 30. The entirely fresh issue targets BSE and NSE, with quotas: 75% QIB, 15% NII, 10% retail.​

Key Highlights

Price Band & Size: ₹108-114/share; 2.20 crore shares (face value ₹2); values issue at up to ₹250.8 crore.

Fund Utilization: ₹77 Cr for Parekhs Hospital (Ahmedabad); ₹30.1 Cr new Vadodara hospital; ₹10.78 Cr Harmony Medicare stake; ₹6.83 Cr robotics gear; ₹1.2 Cr debt repayment; balance for acquisitions/corporate needs.​

Financials: Q1 FY26 revenue ₹15.3 Cr (profit ₹5.4 Cr); FY25 revenue ₹40.2 Cr (profit ₹9.5 Cr, up from ₹1.7 Cr).​

Lead Manager & Registrar: Nirbhay Capital Services; MUFG Intime India.​

Sources: CNBC-TV18, Moneycontrol, IPOCentral.in, Chittorgarh.com